BANKING ANALYTICS

Ranking of the Azerbaijani banking sector (ranking includes the information component of the banking sector, the main events of the world economy, the analytical review of the main indices of the banks which are being ranked)

Political relations between the two countries are at a high level, he noted adding that both countries have always supported each other in the international arena.

"Our position is totally in line with Azerbaijan's position," noted Aziz adding that Pakistan condemns Armenia's aggressive policy.

He noted that Pakistan is the first country, which adopted a resolution that strongly condemns the genocide against the civilian population of Khojaly, which was committed by Armenian armed forces, and called on the international community to force Armenia to fulfill the UN Security Council resolutions.

The Senate of Pakistan recognized the events committed in the Azerbaijani town of Khojaly as genocide on Feb. 1, 2012.

Aziz said that Pakistan unconditionally supports Azerbaijan's territorial integrity, and Islamabad has not still recognized Armenia as an independent state due to the occupation of Azerbaijani lands.

The conflict between the two South Caucasus countries began in 1988 when Armenia made territorial claims against Azerbaijan. As a result of the ensuing war, in 1992 Armenian armed forces occupied 20 percent of Azerbaijan, including the Nagorno-Karabakh region and seven surrounding districts.

On February 25-26, 1992, the Armenian armed forces, together with the 366th infantry regiment of Soviet troops stationed in Khankendi committed an act of genocide against the population of the Azerbaijani town of Khojaly.

As many as 613 people were killed, including 63 children, 106 women and 70 old people were killed as a result of the massacre. Eight families were totally exterminated, 130 children lost one parent and 25 children lost both. A total of 487 civilians became disabled as a result of the onslaught. Some 1,275 innocent residents were taken hostage, while the fate of 150 people remains unknown.